Mr Bolte said Singapore logistics firms "need to become the knowledge partners that can show their customers how the TPP works, what the 'country-of-origin' requirements are and be able to manage the documentation and compliance requirements".

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LOCAL logistics firms are in good stead to profit from the Trans-Pacific Partnership (TPP) but have to familiarise themselves with the new trade rules for the full benefits to be realised, says the chief executive of US-based BDP International, Richard Bolte.